Overview
What is Leadership Memphis?
Leadership Memphis is a nonprofit organization situated in Memphis, Tennessee, specifically at 240 Madison Ave Suite 601. Their primary mission is to foster and mobilize community leaders, working collaboratively towards the betterment of their city. Established over four decades ago, Leadership Memphis has been instrumental in bringing diverse leaders together to gain a deeper understanding of their community, its challenges, and potential solutions. They facilitate learning opportunities through programs such as the Executive Program and the FASTTRACK Program, with 102 individuals graduating from these initiatives in FY2022. Participants engage in coursework, community service projects, and volunteer activities, contributing to various disadvantaged neighborhoods in the city. The organization's approach aims to equip leaders with the necessary knowledge and skills to make a significant impact within their community.
Official website here: www.leadershipmemphis.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Leadership Memphis has received a strong rating of 88%, indicating solid performance in accountability and finance. The organization excels in governance, with 100% independent board members and no reported material diversion of assets. Their financial health is noteworthy, with a low liabilities to assets ratio and high program expense ratio, reflecting a strong commitment to mission-driven work.
The nonprofit also demonstrates exceptional strength in its culture and community score, achieving a perfect 100%. This suggests a robust commitment to equity strategies and community engagement, further enhancing its credibility and trust within the community it serves.
While the organization showcases many strengths, potential areas for improvement may be explored to sustain and amplify its impact. Overall, Leadership Memphis stands out for its effective governance and dedication to accountability, positioning it as a reliable choice for donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Leadership Memphis legitimate?
Leadership Memphis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leadership Memphis submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $103,472
Professional Fundraising Fees: $0
Other Salaries and Wages: $404,308
For more financial information, click here
Official website here: www.leadershipmemphis.org
What is the mission statement of Leadership Memphis?
Leadership Memphis' mission is centered around strengthening communities by preparing and mobilizing leaders. Established 40 years ago, the organization has dedicated its efforts to bringing leaders together, fostering a shared understanding of community issues. Through this collaborative learning process, leaders can identify challenges, evaluate effectiveness, and discern the most impactful ways to contribute to their community. Consequently, numerous networks are formed, enabling these leaders to make significant contributions and shape their communities positively.
Official website here: www.leadershipmemphis.org
Who is the CEO of Leadership Memphis?
Reggie Crenshaw is the Board Member of Leadership Memphis.
Official website here: www.leadershipmemphis.org
What is the revenue of Leadership Memphis?
Leadership Memphis's revenue in 2022 was $1,625,875.
Official website here: www.leadershipmemphis.org
Who are the executives of Leadership Memphis and what are their salaries?
The average compensation at Leadership Memphis during 2022 was $50,778. There are 10 employees and 31353 volunteers at Leadership Memphis.
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- Compensation: $96,154
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- Other: $7,318
Official website here: www.leadershipmemphis.org
Where can I find the form 990 for Leadership Memphis?
Leadership Memphis's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.leadershipmemphis.org
Learn more at the official website: www.leadershipmemphis.org
Mission Statement of Leadership Memphis
Leadership Memphis, an established organization with over four decades of experience, is dedicated to strengthening communities by preparing and mobilizing leaders. Their mission revolves around bringing diverse individuals together to gain a deeper understanding of their community, identifying its strengths, weaknesses, and potential for improvement. By addressing questions such as the community's current state, what works and what doesn't, who is responsible for various initiatives, and how different sectors can collaborate effectively, participants can leverage their learnings to make a more significant impact. Consequently, numerous networks are formed, enabling community leaders to work together towards common goals and contribute to the overall betterment of their community.
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Impact
July, 2024
Leadership Memphis plays a crucial role in strengthening the fabric of the Memphis community by preparing and mobilizing leaders to work together for the greater good. Through their Executive Program and FastTrack Program, they have graduated a total of 102 individuals in FY2022. Participants in the Executive Program completed 120 hours of coursework, while FastTrack participants completed 40 hours, engaging in over 120 learning journeys and volunteer projects in collaboration with Volunteer Memphis. By immersing executives in service and learning projects in disadvantaged neighborhoods in Memphis, Leadership Memphis is creating a network of impactful leaders who are dedicated to making a difference in their community.
This information is meant to be a general summary of Leadership Memphis. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $32,406
- Program Service Revenue: $317,047
- Gross Receipts: $1,625,875
Assets and Liabilities:
- Total Assets: $2,977,288
- Total Liabilities: $417,884
- Net Assets: $2,559,404
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$312,118
INITIATIVES, EVENTS, A
Revenue
$4,929
Organization Details
Founding Year
1979
Phone
(901) 278-0016Principal Officer
Reggie Crenshaw
Main Address
240 MADISON AVE SUITE 601, MEMPHIS, TN, 38103
Website
www.leadershipmemphis.orgNTEE Category
Code: W00 - Public benefit
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